ace racket company manufactures two types of tennis rackets, the junior and pro striker models. the production budget for july for the two rackets is as follows: junior pro striker production budget 9,400 units 21,500 units both rackets are produced in two departments, forming and assembly. the direct labor hours required for each racket are estimated as follows: forming department assembly department junior 0.20 hour per unit 0.50 hour per unit pro striker 0.35 hour per unit 0.60 hour per unit the direct labor rate for each department is as follows: forming department $20.00 per hour assembly department $13.00 per hour prepare the direct labor cost budget for july. ace racket company direct labor cost budget for the month ending july 31 forming department assembly department hours required for production: junior fill in the blank 1 fill in the blank 2 pro striker fill in the blank 3 fill in the blank 4 total fill in the blank 5 fill in the blank 6 hourly rate x$fill in the blank 7

Answers

Answer 1

Total Direct Labor Cost (A × B) $26,640 and $31,080. The computation is shown below, For Junior, it would be Forming 240 and Assembly 360 and For Pro, it would be Forming 1,240 and Assembly 1,860.

What is labor at a job?

In an economy, labor refers to the physical, intellectual, and social effort required to generate goods and services. In order to transform raw resources into finished goods and services, it provides the knowledge, labor, and service.

Describe some examples of labor.

Work is the effort that individuals put forth in the creation of commodities and services. The effort of the waiter who delivers your lunch at a neighborhood restaurant and the engineer who created the bus that takes you to school are both examples of labor resources.

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Related Questions

Which of the following choices incur speculative risk?

a.stocks

b.fire insurance on a house

c.options

d.life insurance


e.high interest savings account

Answers

Answer: correct option is A.

Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.

Stocks incur speculative risk. Therefore option A is correct.

What are Stocks?

A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.

Common stock and preferred stock are the two primary categories of stocks.

Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.

Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.

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3. Of the following provisions that might be found in a bond indenture, which would tend to reduce the coupon interest rate on the bond in question?

a
A subordination clause in a debenture.

b
A call provision.

c
A convertible feature.

d
Having relatively few restrictive covenants.

e.
All of the above.

Answers

The bond in question's coupon interest rate would typically be reduced by a convertible feature.

Define the term "convertible feature"?

An asset that can be changed by the shareholder into common stock is known as a convertible, which can be a bond, preference share, or other type of financial instrument. Convertible securities aren't considered to be either debt or equity; rather, they're viewed as a cross between the two groups because they have the cash flow characteristics of both bonds and stocks.

What distinguishes a convertible bond from other bonds?

An investment that may be converted into a predetermined number of shares of common stock is known as a convertible bond. It pays fixed-income interest payments. During the bond's term, the bond can be converted into stock at precise points at the bondholder's option.

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3.6.2 Teut (COT): The Pret la foi
Question 1 of 25
2 Points
Which of the following has the lowest housing prices and the smallest
population density?
O A. Inner-city neighborhoods
B. Rural areas
O C. Suburban developments
O D. High-rise apartments

Answers

The correct answer is B. Rural areas

Explanation:

High population densities, as well as high housing prices, are mainly found in cities or nearby areas as most jobs and industries are located in these areas. This increases not only the number of people that live in these zones but also the price of housing as the prices of properties are higher due to a higher demand. This means, zones such as inner-city neighborhoods, suburbs, and similar are highly populated and the house prices are high.

On the other hand, nowadays rural areas have a small population density because most people are not interested in living in rural areas as it would take more time to get to cities where jobs and major industries are. Similarly, the housing prices are lower because the demand or number of people interested in buying properties is lower, which makes general housing prices lower.

Helpmeeeeeeeeeeeeeee

Helpmeeeeeeeeeeeeeee

Answers

Answer:

18. b : most economic decisions are made by buyer and sellers

19. b : federal income tax

Explanation:

5pts

(03.04 LC)
After much reflection, Marisa has decided to file for Chapter 7 bankruptcy.
How long will this affect her credit score?
O 10 years
O Seven years
O Six years
0 13 years

Answers

Answer:

A. 10 years

Explanation:

Chapter 7 bankruptcy is deleted 10 years from the filing date because none of the debt is repaid. Therefore, it would continue to affect her credit score until then.

Answer:

10 years.

Explanation:

I was taught in school and I also did the exam on this topic. Hope I helped.

If the account is interest bearing, how would you account for the interest when you reconcile your account?

1. subtract the interest from your running balance

2. add the interest to your running balance

3. forget about it since it is probably a small amount

4. keep a separate entry for interest

Answers

Answer:

the answer is 1 I do in fact think

The account for the interest when you reconcile your account is subtract the interest from your running balance Option(1) is correct. Stores have filled unequivocally as of late, despite the fact that there has been no development in interest-bearing protections.

What is Interest Bearing?

An interest-bearing record is a kind of financial balance that pays the client an interest rate in return for them storing their cash at the bank.

The return and interest rate offered will change by bank and rely upon the record agreements. They can likewise change over the long run. There are various reasons you ought to open an interest-bearing record.

Not exclusively will you bring in cash from your reserve funds, yet you can keep it where you will not be enticed to spend it. It's dependably really smart to set aside cash and keeping one or even a few records that procure you interest is a shockingly better thought.

Families contribute around two-fifths of their monetary resources in interest-bearing resources. These resources are prevalently held straightforwardly in stores and furthermore through superannuation and other venture reserves.

Therefore Option(1) is correct.

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Which of these is not a way of maintaining open communication?

Answers

Answer:

d.Talk only to managers for status reports

Explanation:

Answer:

d

Explanation:

which of the following represents an aspect of the empathy dimension of servqual?

Answers

Assurance. By providing assurance, the company establishes trust, reliability, and confidence with its customers.

Empathy refers to the ability of service providers to recognize, understand, and take into account their customers' thoughts, feelings, and situations. Empathy is the fifth and final dimension of SERVQUAL.The Empathy dimension refers to the degree to which the company provides caring and individualized attention to its customers.

Following are the aspects of the empathy dimension of SERVQUAL: Understand the customer's needsGenuinely care about the customer Understand the customer's specific situation Empathize with the customer in regards to their problems. Assurance refers to the competency and trustworthiness of the firm and its employees.

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some pencils are to be shared between grade 7, grade eight students receive 196 more than grade 7 students no, find the total number of pencils shared,find the total number of pencils shared.​

Answers

Answer:

203

Explanation:

How does a common-market agreement benefit citizens of a member country?

Answers

the agreements they make can help anyone for example they make a agreement for cheaper food that could help anyone

you choose option b for overdraft options. assume that you have $30 in your checking account and $50 in your savings account. what would happen if you tried to take out $45 at the grocery store using your debit card?

Answers

One of the most influential voices in this movement was Ida Tarbell, a pioneering journalist and historian who is widely credited with helping to bring down the Standard Oil monopoly.

Tarbell grew up in Pennsylvania, the heart of the oil industry, and was familiar with the power and influence of Standard Oil and its founder, John D. Rockefeller.

In 1902, Tarbell began a series of articles for McClure's magazine that would eventually become a book, ""The History of the Standard Oil Company."" Drawing on exhaustive research and firsthand interviews with former employees and competitors of Standard Oil, Tarbell exposed the company's corrupt and anticompetitive practices, including its use of predatory pricing, secret rebates, and other tactics to stifle competition and control the oil industry.

Tarbell's work was groundbreaking, not only for its meticulous research and reporting but also for its impact on public opinion and policy. Her articles and book helped to galvanize support for antitrust legislation and the breakup of Standard Oil, which was eventually ordered by the Supreme Court in 1911. Tarbell's legacy as a pioneering journalist and reformer continues to inspire and influence journalists and activists today.

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Final answer:

If you choose overdraft option b, you can overdraw from your checking account. With $30 in your checking account and $50 in your savings account, you can take out $45 at the grocery store and end up with a negative balance of -$15 in your checking account.

Explanation:

If you choose option b for overdraft options, the bank will allow you to overdraw from your checking account if you don't have enough funds in it. In this case, you have $30 in your checking account and $50 in your savings account. Therefore, if you try to take out $45 at the grocery store using your debit card, the bank will allow the transaction to go through, but you will end up with a negative balance of -$15 in your checking account.

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Which is a positive reason for using a credit card to
finance purchases?

A- You'll be able to spend a lot of money without
paying it back.

B- Paying it off on time can help build your credit
history.

C- You will get charged high interest.

D- You won't have to budget for your credit card
expenses.

Answers

Answer:

B.  

Explanation:

Making purchases on a credit card establishes a credit history. Paying it off on time will strengthen your credit score.

B




With your credit built up it is way easier to buy a house or a car or any big purchases including investing in something and paying it off as you can and as it’s easier for you

Which of the following helps an AVID student with the organization?
A. The student agenda
B. The “Big Binder”
C. both a and b
D. none of the above

Answers

Answer:

C. both a and b

Explanation:

The AVID binder is an organizational tool to help students maintain notes and school work in one place.

Answer:

C. both a and b


The GUI is an index used by the OS to manage computer files,
O False
O True

Answers

Answer: I think it's true

Explain the importance of leisure activities.

Answers

Answer:

leisure activities improve the productivity of people

Explanation:

if you feel stressed and then go to a water park, you will get less stressed right?

cultural and behavioural expectations of studying for a degree in business management

Answers

The Cultural and behavioral expectations of studying for a degree in business management is to be able to know the relationship and behaviors of  employees, managers and customers.

What is cultural behavior in business?

The cultural behavior in business helps to be familiar with the  employees, managers and customers  and the relationship between them as regards the culture of the business.

This help to know the team's behavior, as well as setting them up to to record success in workplace.

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1. Suzie’s Flowers purchases a wide variety of houseplants. One of Suzie's favorites, the large split leaf philodendron, costs $13.50 from the wholesaler and requires an additional $1.00 per plant to take care of and then package prior to sale. Suzie's normal markup on houseplants is 55%. What would be the retail selling price of a large split leaf philodendron?
2. A manufacturer sells a 3-person tent to its wholesalers for $59.95. Wholesalers take a markup on selling price of 15% and sell to retailers who take a markup on selling price of 45%. How much does this tent cost you?

Answers

Answer:

$22.475 and $99.96

Explanation:

1. Split-leaf philodendron, costs $13.50 and requires an additional $1.00 per plant to prepare for a sale. The total cost of the plant is  $14.50 ($13.50 + $1.00)

If Suzie desires a 55% mark-up, the retail prices will be the cost price plus 55% of the cost.

The cost price of $14.50 is equal to 100%

the retail price will be 155% of $14.50

=155/100 x $14.50

=1.55 x $14.50

=$22.475

2. The manufacturer sells the tent for $59.95.

$59.95 is equivalent to 100%. If wholesalers mark-up is 15%, they will sell the tents to retailers at 115% of $59.95

=115/100 x  $59.95

=1.15 x  $59.95

=$68.94

Retailers mark up is 45% of $68.94. consumers buy the tents at 145% of $68.94

=145/100 x $68.94

=1.45 x $68.94

=$99.96

Suppose that in 2015, a typical U.S. student attending a state supported college bought 8 textbooks at a price of $90 per book and enrolled in 28 credit hours of coursework at a price of $400 per credit hour. In 2016, the typical student continued to purchase 8 textbooks and enroll in 28 credit hours, but the price of a textbook rose to $100 per book, and the tuition price increased to $440 per credit hour. The base year for computing a "student price index" using this info is 2015. The price index for any base year is 100. The value of the student price index in 2015 is

Answers

Answer:

$11,920

Explanation:

2015 prices:

8 textbooks x $90 = $720

28 credit hours x $400 = $11,200

total = $11,920

the base year, in this case 2015, will be used to adjust the relative prices of the goods and services purchased by students. E.g. for year 2016, the index based on 2015 should be (8 x $90) + (28 x $400) = $11,920 since the quantities didn't change, only the nominal prices.

What is generally TRUE about earning an income?
A. Personal income is not related to the changes in the existing national economy.
B. If a particular career experiences a shortage of workers, companies will offer workers lower salaries.
C. Someone with greater skills in a particular area will often command a bigger income than those with less experience.
D. A person’s level of education will usually not impact their possible earnings in their career.

Answers

Answer:

C. Someone with greater skills in a particular area will often command a bigger income than those with less experience.

Explanation:

direct deposit is one way to keep your personal finances in order. direct deposit means .

Answers

Direct deposit is a method of electronically transferring funds from one account to another. It is a convenient and secure way to receive payments, such as wages, benefits, and refunds, directly into a designated account without the need for physical checks or cash.

        With direct deposit, the payment is sent directly to the recipient's bank account, typically on a predetermined schedule. This eliminates the need to physically deposit a check and reduces the risk of lost or stolen checks. Direct deposit can also provide faster access to funds, as the payment is deposited automatically and does not require any additional processing time. Additionally, direct deposit can be a useful tool for managing personal finances, as it allows for automatic allocation of funds into different accounts, such as savings or investment accounts.

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which is better Financial manager or accountant?​

Answers

Answer:

Financial manager is better

Explanation:

A financial manager is a position that is higher than an accountant, even when many financial managers are accountants themselves.

Usually, financial managers are in charge of the finances of a whole department of an organization, while accountants (the job position, not the profession) usually have less responsability.

For these reasons, financial managers tend to earn more, and face more challeging professional work.

Explain Stocks and how they Work

Answers

Stock is like taking some ownership of a company. When the value of the stock goes up you make profit

The unadjusted trial balance for Wilson Construction Co. As of June 30, 2019, the end of its fiscal year, is found on the trial balance tab. The June 30, 2018, credit balance of the owner’s capital account was $53,000, and the owner invested $45,000 cash in the company during the 2019 fiscal year.



Information for adjustments is as follows:



a. The supplies available at the end of fiscal year 2019 had a cost of $4,000.


b. The cost of expired insurance for the fiscal year is $3,100.


c. Annual depreciation on equipment is $30,600.


d. The June utilities expense of $800 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $800 amount owed needs to be recorded.


e. The company’s employees have earned $5,400 of accrued and unpaid wages at fiscal year-end.


f. The rent expense incurred and not yet paid or recorded at fiscal year-end is $2,400.


g. Additional property taxes of $1,800 have been assessed for this fiscal year but have not been paid or recorded in the accounts.


h. The $600 accrued interest for June on the long-term notes payable has not yet been paid or recorded.



Required:


Prepare any necessary adjusting and closing entries for the current fiscal year

Answers

To prepare the necessary adjusting and closing entries for the current fiscal year, we need to analyze each adjustment and its impact on the accounts.

a. Supplies available at the end of fiscal year 2019 had a cost of $4,000.

Debit Supplies Expense $4,000

Credit Supplies $4,000

b. The cost of expired insurance for the fiscal year is $3,100.

Debit Insurance Expense $3,100

Credit Prepaid Insurance $3,100

c. Annual depreciation on equipment is $30,600.

Debit Depreciation Expense $30,600

Credit Accumulated Depreciation $30,600

d. The June utilities expense of $800 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $800 amount owed needs to be recorded.

Debit Utilities Expense $800

Credit Accounts Payable $800

e. The company’s employees have earned $5,400 of accrued and unpaid wages at fiscal year-end.

Debit Wages Expense $5,400

Credit Wages Payable $5,400

f. The rent expense incurred and not yet paid or recorded at fiscal year-end is $2,400.

Debit Rent Expense $2,400

Credit Accounts Payable $2,400

g. Additional property taxes of $1,800 have been assessed for this fiscal year but have not been paid or recorded in the accounts.

Debit Property Tax Expense $1,800

Credit Property Taxes Payable $1,800

h. The $600 accrued interest for June on the long-term notes payable has not yet been paid or recorded.

Debit Interest Expense $600

Credit Interest Payable $600

Next, we need to prepare the necessary closing entries to transfer the temporary accounts (revenues, expenses, and dividends) to the permanent owner’s capital account.

i. Close Revenue Accounts:

Debit Revenues $XX

Credit Income Summary $XX

j. Close Expense Accounts:

Debit Income Summary $XX

Credit Expenses $XX

k. Close Dividends Account:

Debit Retained Earnings $XX

Credit Dividends $XX

Finally, we need to update the owner’s capital account with the ending balance for the fiscal year.

l. Update Owner's Capital Account:

Debit Owner's Capital $XX

Credit Retained Earnings $XX

Note: The exact amounts for the closing entries will depend on the balances in the accounts and are not provided in the question.

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Can anyone help me with these two questions from my assignment?

1. How will an increase in GDP be sustainable? List two reasons.
2.Give two reasons why economic growth may diminish the quality of life of a nation’s people.

Answers

Answer:

1. Growth encourages investment, which supports sustainability. Economic growth boosts consumer demand, spending, and confidence, all essential components of a favourable investment environment—which the energy transition will require.

target is a company that focuses on reasonable prices for goods that are of high quality, unlike its competitors. walmart has a focus on cutting costs to save as much money as possible for its customers and has historically not focused on quality. target has grown due to which strategy?

Answers

Target has grown due to its strategy of focusing on offering high-quality goods at reasonable prices, which sets it apart from its competitors like Walmart.

While Walmart focuses on cutting costs to offer low prices, Target prioritizes quality, which has helped it attract a different demographic of customers who value both affordability and quality. This focus on quality has allowed Target to establish a strong brand reputation and gain a loyal customer base, contributing to its growth over the years.Target has grown due to a strategy that focuses on offering high-quality goods at reasonable prices.

This differentiates them from competitors like Walmart, which primarily focus on cutting costs to provide the lowest possible prices, often at the expense of product quality. Target's emphasis on quality and affordability has attracted customers and contributed to its growth.

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Answer these business questions for 15 points

Answer these business questions for 15 points

Answers

Barter is a form of trade that involves the exchange of goods or services without the use of money.

A tariff is an import restriction that is imposed by a government to protect domestic industries from foreign competition.

A quota is an import restriction that limits the amount of a particular product that can be imported into a country.

A subsidy is an export encourager that is provided by a government to domestic industries to make their products more competitive in international markets.

What are the characteristics of barter, quotas, tariffs and subsidies?

In a barter transaction, each party agrees to exchange goods or services of equal value with the other party. Tariffs are often used to protect industries that are considered important for national security or strategic reasons, or to protect industries that are suffering from unfair competition.

Quotas are often used to protect domestic industries or to prevent the importation of goods that are considered harmful or dangerous. Subsidies can take many forms, including direct payments, tax breaks, and government-funded research and development programs.

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A savvy investor paid $6000 for a 20-year $10,000 mortgage bond that had a bond interest rate of 8% per year, payable quarterly. Three years after he purchased the bond, market interest rates went down, so the bond increased in value. If the inves- tor sold the bond for $11,500 three years after he bought it, what rate of return did the investor make (a) per quarter, and (b) per year (nominal)

Answers

The nominal rate of return per quarter and per year for the investor who bought a 20-year $10,000 mortgage bond for $6,000 and sold it for $11,500 three years later is approximately 7.64% and 30.6% respectively .

(a) Rate of return per quarter:

1. Calculate the number of quarters in 3 years: 3 years * 4 quarters = 12 quarters.


2. Calculate the profit made from the sale of the bond: $11,500 - $6,000 = $5,500


3. Calculate the rate of return per quarter: ($5,500 / $6,000) / 12 quarters = 0.076389 (rounded to 6 decimal places)


4. Convert the rate to a percentage: 0.076389 * 100 = 7.6389% ≈ 7.64%

Thus, the investor made a rate of return of approximately 7.64% per quarter.

(b) Rate of return per year (nominal):

1. Calculate the rate of return per year by multiplying the rate per quarter by the number of quarters in a year: 7.6389% * 4 = 30.5556% ≈ 30.6%

Thus, the investor made a nominal rate of return of approximately 30.6% per year.

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Which of these statements describes the costs and benefits of taking a college loan?
A. College loans require students to work while studying but they cost less than conventional loans.
B. College loans reduce tuition payments but increase total educational costs because of interest payments.
C. College loans help students with academic and athletic skills overcome financial hardships.
D. College loans help increase future earning power but result in a long-term commitment to monthly payments.

Answers

Answer:

D. College loans help increase future earning power but result in a long-term commitment to monthly payments.

Explanation:

College loans refer to the money advanced to college students to help them pay for their college education. College loans cover tuition fees and other related expenses. Students are expected to pay back the loans after completing college education and are working.

College loans help students acquire the knowledge and skills necessary to secure better-paying jobs. College graduates are in a better position to land higher-paying jobs than non-college graduates. Therefore, college loans increase future earning power. However, a student has to repay their loan upon securing employment or is earning.

Answer:

c

Explanation:

nicole is learning to fly an army helicopter. she is drawing mainly on her skills. group of answer choices technical operational organizational conceptual human

Answers

Nicole is learning to fly an Army helicopter. She is drawing mainly on her technical skills.

Option a is correct .

People skills - the ability to communicate and work with others. In other words, interpersonal skills. Technical skills – skills or hard skills needed to do the job.

Management skills can be defined as certain qualities or skills that a manager must have to perform certain tasks in an organization. They include the ability to perform management tasks in the organization, avoiding crisis situations and  solving problems quickly when they arise.

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The correct question is :

Nicole is learning to fly an Army helicopter. She is drawing mainly on her ____ skills.

(A) technical

(B) conceptual

(C) human

(D) organizational

(E) operational

Which of the following is an internal factor?

A. Interest rates

B. Employment laws.

C. Employee turnover.

D. Economic recession.

Answers

Economic recession is the answer

Answer:

Your answer is: C) Employee turnover

Explanation:

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